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Home/GB Renewables market summary – February 2019

GB Renewables market summary – February 2019

Aurora is pleased to present its latest GB Renewables Market summary report.

Highlights from February include:

  • Average monthly power prices decreased to £49.0 /MWh, a £10.7 /MWh fall from the previous month. This was largely due to lower fuel and carbon prices and a decrease in power demand.
  • Wind capture prices fell to £48.2 /MWh and £48.9 /MWh for onshore wind and offshore wind respectively. This represents a drop of about £7 /MWh compared to January.
  • Solar capture prices fell to 46.6 £/MWh, a 16 £/MWh drop compared to January. This represents a discount to baseload of 5.7%, and an increase of 10 percentage points from January.

If you would like to discuss the findings, please get in touch.

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